Reuters: Technology News: NYC pension funds join effort to replace two HP directors

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NYC pension funds join effort to replace two HP directors Mar 8th 2013, 17:50 Tweet Share this Email Print Related News NYC pension funds join effort to replace two HP directors 12:32pm EST Leading proxy firms seek ouster of HP chairman, directors Wed, Mar 6 2013 Union pension adviser says will oppose two HP directors Mon, Feb 25 2013 Calpers to sell investments in two gun makers Tue, Feb 19 2013 NYC teacher pension fund pulls money from gun makers Fri, Feb 15 2013 Analysis & Opinion Why municipal pension systems may be a very good idea Texas takes the lead on public pension transparency A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo Alto, California January 16, 2013. Credit: Reuters/Stephen Lam Fri Mar 8, 2013 12:35pm EST (Reuters) - New York City's public pension funds on Friday joined in an effort to oust two Hewlett-Packard Co (HPQ.N) directors because of their support for the company's 2011 acquisition of British software maker Autonomy. City Comptroller John C. Liu said the New York City Pension Funds will vote against directors John H. Hammergren and G. Kennedy Thompson "because of their failure to protect investors from costly, misguided acquisitions." Two key proxy advisory firms have also recommended voting against those directors. (Reporting by Nicola Leske; Writing by Ben Berkowitz; Editing by Gerald E. McCormick) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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